A bunch of CEOs in their mid-30s and early 40s are trying to rectify the scenario where shady lending applications trap hapless borrowers with astronomically high interest rates and even bodily harm if the money was repaid. Anup Roy reports.

PM Prime Minister Narendra Modi has announced that all people will be provided free of cost vaccines.

E-commerce giant Amazon has refused to appear before the Joint Committee of Parliament on the Data Protection Bill on October 28 and this amounts to breach of privilege, panel chairperson and BJP MP Meenakshi Lekhi said on Friday.

The IT secretary has reminded Twitter that Leh is the headquarter of Union Territory of Ladakh and both Ladakh as well as Jammu and Kashmir are integral and inalienable parts of India

The BJP's manifesto speaks about the Prime Minister's vision of making 'Atmanirbhar Bihar'.

Celebrity nutritionist and bestselling author Rujuta Diwekar explains how you can make these foods a part of your daily diet.

Defence Minister Rajnath Singh on Tuesday unveiled a new version of the procurement manual of the premier military research institute Defence Research and Development Organisation featuring simplified procedures for the involvement of the private sector in various research and development projects.

If retrenched workers are unable to reskill within a fixed period of time, they will have to return the money given to them by the government. Moreover, they may be asked to pay back an interest on the sum transferred.

Delhi recorded an air quality index of 315 at 11:10 am. The last time the air quality hit such a poor level was in February.

'This debate is going on all over the world and everybody is saying that only GDP cannot estimate the real (economic) situation of a country.'

The Reserve Bank of India (RBI) has clarified that loans which have remained standard without any defaults as of March 1, 2020, will be eligible for restructuring under the pandemic-related resolution framework issued in August.

Apart from fulfilling banking services, one can access more than 100 e-commerce sites, book tickets, and even pay for small value groceries through the app. The bank is now proposing to allow other banks to use this to serve their own customers.

The dip in the air quality can be attributed to low wind speed and temperatures which allowed accumulation of pollutants.

Is the RBI unable to accept with grace that beyond 55, one can have the ability to head the compliance functions in a bank, asks Tamal Bandyopadhyay.

The biggest loss of jobs among salaried employees was of 'white-collar professional employees and other employees'. Among these are engineers including software engineers, physicians, teachers, accountants, analysts and so on, who are professionally qualified and are employed in some private or government organisation All the gains made in their employment over the past four years were washed away during the lockdown, reveals Mahesh Vyas.

In an affidavit filed by Union finance ministry on behalf of the Union of India, it said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.

The move will help industries in pushing authorities for exemption under various labour laws at a micro-level, along with demanding changes to bring greater flexibility in their operations related to retrenchment, safety standards, and collective bargaining.

Bhushan, who has already deposited Re 1 as fine with the apex court's registry on September 14, has filed two separate review petitions in the contempt case. The first review plea on September 14 had challenged the August 14 verdict convicting him for the contempt of court, while the second plea has been filed against the August 31 sentencing order which imposed the fine.

'The answer for a quicker boost to growth is simple -- run a much larger deficit, use the resulting public resources to ensure adequate price support for agriculture, subsidise wage costs of MSMEs and accelerate public sector construction-intensive activities,' advises Nitin Desai.

'The solution is to enable a graceful transfer of the deposit and funding 'franchise' from capital-deficient firms to capital-surplus firms.' 'This will expand credit intermediation, bring down its costs, and put the financial sector on a definite path of recovery,' argues former RBI deputy governor Viral Acharya.

If banks cannot charge interest from borrowers during the moratorium, who will bear that cost? Should the depositors subsidise the borrowers by foregoing interest on deposits? In that case, we will turn banking on its head! notes Tamal Bandyopadhyay.

The 65-year-old passed away at around 8 pm at the All India Institute of Medical Sciences trauma centre which has been converted into a dedicated COVID-19 facility, sources at the hospital said.

In a review meeting through video conference with chief ministers and representatives of seven states with a high burden of COVID-19 cases, Modi said having micro containment zones will help states in dealing with the spread of the infection and also allow normal activities to continue.

A paper authored by Rajan said, state-linked banks can be a first step in altering the ownership structure of some PSBs, where the government brings down its stakes to below 50 per cent, creating distance from operations of banks, and improving governance along the way.

While most economies contracted in the second quarter of 2020, the Chinese economy grew by 3.2 per cent.

Analysts expect firms to shift focus to online platforms to boost sales in these Covid-19-impacted times.

What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose, notes Tamal Bandyopadhyay.

The background work of creating a suitable digital architecture of a website also remains unfinished as it has been a challenge to shortlist technology partners.

If you are looking for a true wireless stereo experience at a budget price, Ashish Narsale says you can certainly try the pTron Bassbuds Urban.

Seed and early-stage start-ups are high-risk businesses, rarely have collateral and only 1 in 10 of them makes it to becoming a viable company.

Of the total cash outgo Rs 40,000 crore is towards enhanced expenditure under Mahatma Gandhi National Rural Employment Guarantee Program and Rs 33,771.48 crore have been sought for direct benefit transfer under Pradhan Mantri Jan Dhan Yojana and National Social Assistance Programme.

Two months after TikTok ban: Influencers busy rebuilding their fan base as homegrown apps enjoy 'gold rush'.

A vast majority of borrowers are in the essential services' supply chain with tiny and micro businesses, and this has sprung back.

Bodyweight exercise can make you really fit, insists Milind Soman and can be done at home in a space 8 ft by 10 ft.

The letter from the Uttar Pradesh veterans comes days after 23 senior Congress leaders wrote to Gandhi, saying uncertainty over the party leadership has 'demoralised Congress workers'.

'Many who have experimented with online education will adopt a blended model once things return to normal,' edX CEO and founder Anant Agrawal tells Anjuli Bhargava.

'The current economic contraction is certainly due to the lockdowns as a response to the pandemic, which is an act of God.' 'Nobody has seen such a thing in the last 100 years.' 'Saying that this was an act of mismanagement is largely incorrect'

The last sero-prevalence survey was held from August 1-7, which showed that 29.1 per cent of the people surveyed had antibodies against the coronavirus infection.v

"The PMJDY has been the foundation stone for the Modi government's people-centric economic initiatives. "Whether it is direct benefit transfers, Covid-19 financial assistance, PM-KISAN, increased wages under MGNREGA, life and health insurance cover, the first step was to provide every adult with a bank account, which PMJDY has nearly completed," Nirmala Sitharaman said on the sixth anniversary of the scheme.

Officials said several witnesses were heard on the impact of the pandemic. They added that this was the longest meeting of the panel without a break so far.